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Listing provided courtesy of Chicago Real Estate ResourcesMREDas Distributed by MLSGrid- MLS# 12628785MLS Provider

1659 W Chicago AvenueChicago, IL 60622

Commercial · 24,000 Sq. ft.
$589,000 Active

1659 W Chicago Avenue Overview

Time on Site:
66 days
Visits:
0

1,730 SF corner storefront on high-traffic Chicago Avenue * B1-2 zoning with flexible use potential * Two ADA-compliant restrooms * Strong visibility with excellent signage/branding opportunity * No HOA or assessments. * Ideal for owner-user or investment, supported by dense surrounding residential base. Excellent candidate for 1031 Approximate good cap rate.

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1659 W Chicago Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 24,000
  • Price/Sq.ft. $25

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Net
  • Net Operating Income: 44160

Building Information

  • Year Built: 1984

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - West Town

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes

Tax Information

  • Tax Annual Amount: $12,944.11
  • Tax Year: 2024

General Information

  • Parcel Number: 17072030390000
  • Property Sub Type: Condominium
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 24000

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers, Separate Meters
  • Leasable Area: 1720
  • Stories: 4

Unit Information

  • Unit SqFt.: 1720

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 100x125
  • Lot Size Square Feet: 12250

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 1
  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Water Available

1659 W Chicago Avenue Neighborhood

Community

60622 (Chicago) Demographics

32
Median Age
21,403
Population Density (per sq. mile)
75%
College Educated
$106,128
Estimated Median Income
9,607
Estimated Total Home Owners
14,690
Estimated Total Renters
40% / 60%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1659 W Chicago Avenue Monthly Cost

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Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1659 W Chicago Avenue Market Data

Based on the last 30 days in this zip code

$864,928
Average List Price
$719
Average Price per Square Foot
65
Properties Sold
37
Average Days on Market
143
Properties for Sale
Calculations provided by Reliance Network

1659 W Chicago Avenue History

Date Event Value Agent
4/29/2026Source: MRED Status Change
Active
4/24/2026Source: MRED Added to Database
April 24, 2026